Gartner (NYSE:IT) Updates FY 2025 Earnings Guidance

Gartner (NYSE:IT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 11.450- for the period, compared to the consensus estimate of 13.080. The company issued revenue guidance of $6.6 billion-, compared to the consensus revenue estimate of $6.7 billion.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wells Fargo & Company reduced their price target on shares of Gartner from $470.00 to $460.00 and set an “underweight” rating on the stock in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft boosted their target price on Gartner from $529.00 to $531.00 and gave the stock a “hold” rating in a report on Wednesday, November 6th. Robert W. Baird raised their price target on Gartner from $565.00 to $590.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. StockNews.com lowered Gartner from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Barclays upgraded Gartner from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $525.00 to $600.00 in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Gartner currently has an average rating of “Hold” and a consensus target price of $550.75.

Gartner Trading Down 0.6 %

Gartner stock traded down $3.37 during trading hours on Tuesday, reaching $544.43. 354,828 shares of the company’s stock traded hands, compared to its average volume of 448,355. Gartner has a fifty-two week low of $411.15 and a fifty-two week high of $584.01. The firm’s 50 day moving average is $508.50 and its 200-day moving average is $504.99. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.02. The firm has a market capitalization of $41.99 billion, a price-to-earnings ratio of 40.20, a PEG ratio of 3.37 and a beta of 1.34.

Gartner (NYSE:IT) last released its earnings results on Tuesday, February 4th. The information technology services provider reported $5.45 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $2.23. Gartner had a net margin of 17.33% and a return on equity of 118.27%. On average, analysts predict that Gartner will post 11.87 earnings per share for the current year.

Insider Activity

In related news, EVP William James Wartinbee III sold 189 shares of the company’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $523.54, for a total value of $98,949.06. Following the completion of the transaction, the executive vice president now directly owns 7,311 shares of the company’s stock, valued at approximately $3,827,600.94. This represents a 2.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Claire Herkes sold 411 shares of Gartner stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $521.24, for a total value of $214,229.64. Following the completion of the sale, the executive vice president now directly owns 1,494 shares in the company, valued at $778,732.56. This represents a 21.57 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 35,583 shares of company stock valued at $19,241,974 in the last ninety days. 3.60% of the stock is owned by insiders.

About Gartner

Gartner, Inc operates as a research and advisory company in the United States, Canada, Europe, the Middle East, Africa, and internationally. It operates through three segments: Research, Conferences, and Consulting. The Research segment delivers its research primarily through a subscription service that include on-demand access to published research content, data and benchmarks, and direct access to a network of research experts.